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961 South Bundy Drive

961 South Bundy Drive, Los Angeles, CA 90049
House in Brentwood
Sold May 27, 2020
$3,265,000
$750,000 by Morgan Stanley Private Bank Na
Mortgage Due Sep 01, 2050
Sold May 06, 2014
$2,895,028
961 South Bundy Drive has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 961 South Bundy Drive has 4,082 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,550 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,582 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as poor. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 961 South Bundy Drive was last sold in May 11, 2020 for $3,265,000. According to our calculations, that's $799.85 per sqft. Prior to that sales transaction, the property was sold for $2,895,028 in Mar 13, 2014. Current property owners are expected to pay $39,582 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 961 South Bundy Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,432,095. To break that down further, the land itself was valued at $2,312,591. While improvements to the property were assessed at a total of $1,119,504. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Detached Garage
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Poor
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,582
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,082
  • Building Area: 4,082
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,082
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAN VICENTE PARK TRACT
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAN VICENTE PARK LOT/SEC 10 BLK/DIV/TWN 9

Ownership

  • Current Owner : EHLERS LINDSAY A
  • Current Owner 2: THE LINDSAY EHLERS LIVING TRUS
  • Previous Owner : TESSA LYN EVENTS LLC
  • Owner Before Previous Owner: LEE DAVID S
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 264305

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 41-C3
  • Parcel: 4264-024-010
  • Block: 9
  • Lot: 10
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0473
  • Longitude: -118.47

    Address

  • Full Address: 961 S Bundy Dr
  • Address - House Number: 961
  • Street Direction: S
  • Address - Street Name: Bundy
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C018
  • 4-Digit Zip Code: 5828
  • Zip Code: 90049

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,582
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 3,723,667
  • High Value: 4,440,560
  • Low Value: 3,006,773

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,025,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 11, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Second Open Lien Mortgage Lender: LORI MIGARD LIVING TRUST
  • Second Open Lien Mortgage Recording Date: Jun 02, 2021
  • Second Open Lien Mortgage Loan Amount: $275,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Jun 02, 2051
  • Second Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,432,095
  • Assessed Land Value: $2,312,591
  • Assessed Improvements Value: $1,119,504

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Transaction ID: 11762119407
  • Current Sale Price: $3,265,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0571169
  • Previous Sale Recording Date: May 06, 2014
  • Previous Sale Contract Date: Mar 13, 2014
  • Previous Sale Amount: $2,895,028
  • Previous Sale Document Type: Grant Deed

About West Los Angeles



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,323 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 961 South Bundy Drive located in?
The 961 South Bundy Drive is a house located in the neighborhood of Brentwood in West Los Angeles, Los Angeles.
What is the average sales price for listings in 961 South Bundy Drive?
The average sales price for units in 961 South Bundy Drive is $0 currently.

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